all report title image

OUT-OF-BAND AUTHENTICATION MARKET ANALYSIS

Out-of-Band Authentication Market, by Solution Type (Hardware OOB Authentication and Phone-based OOB Authentication), by Deployment Type (Cloud based and On-Premises), by Organization Size (Small and Medium-sized Enterprises (SMEs) and Large Enterprises), by End-User Industry (Banking, Financial Services & Insurance (BFSI), Payment Card Industry, Government, Healthcare, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Regional Analysis

Global Out-of-Band Authentication Market: Regional Insights

North America and Europe are estimated to account for significant market shares during the forecast period, owing to increase in the number of internet-of-things (IoT) services, rapid adoption of cloud computing in enterprises, and the trend of bring your own devices (BYOD). Furthermore, the presence of many out-of-band (OOB) authentication vendors, as well as, widespread awareness about these solutions would continue to account for the North America region’s highest market share during the forecast period. For instance, in June 2017, Entrust Datacard launched IntelliTrust authentication services, which help organizations to rapidly secure access to cloud, mobile, and legacy applications by using a unified authentication platform. 

Furthermore, Asia Pacific Out-of-Band authentication market is gaining traction as the number of smart devices and BYOD trend is increasing in developed and emerging economies such as, India, China, and Japan. SMEs as well as large-scale organizations in the Asia Pacific region have become more aware of the increasing identity theft and frauds and have started adopting OOBA solutions and services to combat them. For instance, in March 2019, Financial Software and Systems (FSS), a global digital payment and financial technology company, launched FSS Secure3D, its new-generation adaptive authentication solution, which is based on the ‘EMVCo 3DS 2.0 protocol’ to bolster online transaction security.

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Customize Now
Logo

Credibility and Certifications

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Credibility and Certifications

27001:2022

Credibility and Certifications

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.